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Market Interrelationships and Applied Demand Analysis: Bridging the Gap Between Theory and Empirics in Commodities Markets

Market Interrelationships and Applied Demand Analysis: Bridging the Gap Between Theory and Empirics in Commodities Markets

Paperback

Business GeneralEconomics

ISBN10: 303073143X
ISBN13: 9783030731434
Publisher: Palgrave MacMillan
Published: Jun 29 2021
Pages: 230
Weight: 0.78
Height: 0.52 Width: 6.14 Depth: 9.21
Language: English
This textbook addresses the core issues facing economists concerning price determination in commodity markets, especially food and agricultural commodities. This book hones in on the conceptual basis of the various relationships, with special emphasis on market interrelationships, both horizontally and vertically. This book covers key concepts such as consumer demand theory; quality, heterogeneous goods, and cross section demand; derived demand, marketing margins, and relationship between output and raw material prices; retail-to-farm demand linkages, imperfect competition, and short-run price determination; dynamic consumer demand; and dynamic models of the firm.

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Business General